Great chart Olu !
The bigger picture looks like inflation is coming.
I'm long calls on sugar...but please do your own DD.
humble golfer
Trading For Those Who Have A Day Job 28 replies
Trading For Those Who Have A Day Job 0 replies
Disliked{quote} Great chart Olu ! The bigger picture looks like inflation is coming. I'm long calls on sugar...but please do your own DD. humble golfer {image}Ignored
DislikedDollar Index - Pummelled last week It is difficult to say which direction it is going to go but the trend is down so that is the default direction. There is a load of data out next week as well Olu {image}Ignored
DislikedGold I know I have been highlighting a head and shoulder pattern on the weekly chart but what if the right shoulder which was not fully formed and is just forming? Food for thought. I for one, barring any serious bullish price move through 1370 will be looking for shorting opportunities. Olu {image}Ignored
Disliked{quote} Gold is very, very tricky to trade IMO, because one has no real idea as to where it should be going. There are so many possibilities. The cost of production varies apparently between maybe 1000 to 1300 US dollars per oz. But that still gives room for prices to go $200 south of here, or even further. Or it could squeeze up to $1500 before turning tail. Do you remember NG prices, going way below the cost of production relatively recently? NG futures got down to $2 but IIRC other NG benchmark prices went way below even that.Ignored
DislikedBean Oil Is this one a little too obvious??.....I'm looking to short it anyway..... {image}Ignored
DislikedFXCM $ index, with where my intention is to go long on majors. {image}Ignored